Walt Disney Co. named ABC News President Ben Sherwood as co-chairman of its media networks, filling the vacancy created by the planned departure in January of Anne Sweeney.
Walt Disney Co. , owner of the ABC network, said it reached an agreement with some affiliate stations to collect a share of the retransmission fees they obtain from pay-TV systems.
Walt Disney Co. Chairman and Chief Executive Robert Iger said Marvel Entertainment’s value “far exceeds” the $4.2 billion paid for the business after its latest film set a box-office record.
Walt Disney Co. ’s ABC signed former CBS News anchor Katie Couric to produce and host an afternoon talk show, filling a void in the schedule created by Oprah Winfrey ’s departure from broadcast TV.
Walt Disney Co. reached a long-term agreement with Comcast Corp. that provides cable TV subscribers with programs on TVs, computers and mobile devices.
"There has always been a nagging voice in the back of my head pushing me to step out of the comfort zone of the executive ranks and more directly into the creative arena."
- Anne Sweeney on Mar 11, 2014